The following table reconciles net income, the most comparable GAAP financial measure, to Adjusted EBITDA.
EVI Industries, Inc. |
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Condensed Consolidated Earnings before Interest, Taxes, Depreciation, Amortization, and Amortization of Share-based Compensation (in thousands) |
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Type |
Unaudited |
Unaudited |
Unaudited |
Unaudited |
9-Months |
9-Months |
3-Months |
3-Months |
|
Ended |
Ended |
Ended |
Ended |
|
03/31/23 |
03/31/22 |
03/31/23 |
03/31/22 |
|
Net Income |
$7,821 |
$2,587 |
$2,750 |
$40 |
Provision for Income Taxes |
2,952 |
851 |
998 |
23 |
Interest Expense, Net |
1,719 |
390 |
717 |
125 |
Depreciation and Amortization |
4,409 |
3,795 |
1,497 |
1,319 |
Amortization of Share-based Compensation |
2,267 |
1,947 |
785 |
627 |
$ 19,168 |
$ 9,570 |
$ 6,747 |
$ 2,134 |
|
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|
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